DANISH INDUSTRIAL EQUIPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH INDUSTRIAL EQUIPMENT A/S
DANISH INDUSTRIAL EQUIPMENT A/S (CVR number: 88918118) is a company from VEJLE. The company recorded a gross profit of -1564 kDKK in 2024. The operating profit was -1692 kDKK, while net earnings were 35.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH INDUSTRIAL EQUIPMENT A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 506.00 | -4 381.00 | - 798.00 | -6 952.00 | -1 564.00 |
EBIT | -4 439.00 | -5 307.00 | -1 096.00 | -8 299.00 | -1 692.00 |
Net earnings | 9 357.00 | 11 021.00 | 6 847.00 | 20 407.00 | 35 160.00 |
Shareholders equity total | 149 641.00 | 160 729.00 | 167 160.00 | 189 570.00 | 225 118.00 |
Balance sheet total (assets) | 168 491.00 | 174 875.00 | 178 205.00 | 200 616.00 | 232 020.00 |
Net debt | 11 830.00 | 7 560.00 | 9 155.00 | 8 619.00 | 4 681.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | 5.8 % | 3.9 % | 10.0 % | 16.1 % |
ROE | 6.0 % | 7.1 % | 4.2 % | 11.4 % | 17.0 % |
ROI | 5.1 % | 6.0 % | 4.0 % | 10.1 % | 16.3 % |
Economic value added (EVA) | -11 995.44 | -12 224.10 | -9 176.45 | -15 267.11 | -11 012.18 |
Solvency | |||||
Equity ratio | 88.8 % | 91.9 % | 93.8 % | 94.5 % | 96.6 % |
Gearing | 7.9 % | 4.7 % | 5.5 % | 4.5 % | 2.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.9 | 0.8 | 1.9 |
Current ratio | 2.0 | 2.0 | 2.4 | 1.7 | 3.4 |
Cash and cash equivalents | 7.00 | 7.00 | 1.00 | 102.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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